The private company data space is vast, fragmented, and often overwhelming. Deal sourcing teams are faced with endless streams of announcements, filings, atSnd rumors, making it difficult to pinpoint the transactions that actually matter.
That’s why inside Dakota Marketplace, we’ve zeroed in on this space. We’ve created a centralized resource where deal sourcers can easily find and track the exact deals they’re looking for.
In this article, we’ve curated 10 top transactions from last week that stood out in the marketplace and signal key trends shaping the deal landscape. By the end of this, you’ll have a better understanding of these deals.
- Transaction Date: 2/17/2026
- Type: Acquisition/Merger
- Sector: Health Care
- Transaction Value: $9.9B
- Participants: Danaher
Danaher has agreed to acquire Masimo Corporation for $180.00 per share in cash, valuing the medical technology company at approximately $9.9 billion. The transaction, unanimously approved by both boards, will position Masimo as a standalone business unit within Danaher’s Diagnostics segment, where it will continue operating autonomously. The deal is expected to close in the second half of 2026, subject to regulatory approvals and other customary conditions.
- Transaction Date: 2/17/2026
- Type: Acquisition/Merger
- Sector: Communication Services
- Transaction Value: $6.2B
- Participants: MTN Group
MTN Group has agreed to acquire IHS Towers in an all-cash transaction valued at approximately $6.2 billion in enterprise value, with shareholders receiving $8.50 per share. The offer represents a significant premium to recent trading levels and follows IHS Towers’ strategic review process, with over 40% shareholder support already secured through MTN and Wendel. Upon closing in 2026, subject to shareholder and regulatory approvals, IHS Towers will be delisted and become a wholly owned subsidiary of MTN.
- Transaction Date: 2/18/2026
- Type: Buyout/Private Equity
- Sector: Health Care
- Transaction Value: $3.5B
- Participants: Covetrus
Cencora and Covetrus have entered into a definitive agreement to merge Covetrus with Cencora’s MWI Animal Health, creating a combined animal health platform spanning distribution, supply chain, pharmacy, and technology-enabled practice solutions. The transaction values MWI at an enterprise value of $3.5 billion, with Cencora receiving $1.25 billion in cash, $800 million in preferred equity, and $1.45 billion in common equity, resulting in a 34.3% non-controlling stake in the combined company. Subject to regulatory approvals and customary closing conditions, the merger is intended to expand access, improve operational efficiencies, and support innovation across the global animal health ecosystem.
- Transaction Date: 2/17/2026
- Type: Acquisition/Merger
- Sector: Energy
- Transaction Value: $3B
- Participants: Undisclosed Buyer
Ovintiv has entered into a definitive agreement to sell substantially all of its Anadarko Basin assets in Oklahoma for $3.0 billion in cash to an undisclosed buyer. The divestiture includes approximately 360,000 net acres and current production of roughly 90,000 barrels of oil equivalent per day, and is expected to close early in the second quarter of 2026, subject to customary conditions. The transaction supports Ovintiv’s portfolio focus on the Permian and Montney while advancing its debt reduction and shareholder return objectives.
- Transaction Date: 2/18/2026
- Type: Growth Equity
- Sector: Information Technology
- Transaction Value: $3B
- Participants: Humain
HUMAIN has invested $3 billion in xAI’s Series E round just prior to xAI’s acquisition by SpaceX, positioning itself as a significant minority shareholder with its stake subsequently converted into SpaceX equity. The investment builds on HUMAIN’s existing 500MW AI infrastructure partnership with xAI in Saudi Arabia and provides exposure to long-term upside within the combined AI and space technology platform. The transaction underscores HUMAIN’s strategy of deploying large-scale capital into category-defining AI platforms at pivotal moments of expansion and integration.
- Transaction Date: 2/18/2026
- Type: Acquisition/Merger
- Sector: Communication Services
- Transaction Value: $2.7B
- Participants: Nexfibre
Netomnia has agreed to combine with nexfibre in a landmark transaction that will create the UK’s largest alternative full fibre wholesale platform, unlocking £3.5 billion of international investment into UK digital infrastructure. The deal includes the acquisition of Netomnia’s 3 million-premises network and 460,000-customer base, with the combined platform expected to reach approximately 8 million premises by 2027. Subject to regulatory approvals and expected to close in Q3 2026, YouFibre will remain as the retail brand, while the enlarged platform strengthens scaled wholesale competition against BT Openreach.
- Transaction Date: 2/17/2026
- Type: Buyout/Private Equity
- Sector: Industrials
- Transaction Value: $2.5B
- Participants: Blackstone
Blackstone has entered into a definitive agreement to acquire Champions Group, a residential home services platform, from Odyssey Investment Partners, with Odyssey and management retaining a significant minority stake. The transaction, led by funds managed by Blackstone’s perpetual private equity strategy, positions Champions Group to expand its multi-service home services platform across key U.S. markets. Financial terms were not disclosed, and the deal is expected to close in the first half of 2026, subject to customary conditions.
- Transaction Date: 2/17/2026
- Type: Acquisition/Merger
- Sector: Utilities
- Transaction Value: $1.9B
- Participants: Portland General Election
Portland General Electric has agreed to acquire select Washington state generation, transmission, and electric utility operations from PacifiCorp for $1.9 billion, representing 1.4x estimated 2026 rate base. The transaction includes three generation facilities totaling over 800 MW, 4,500 miles of transmission and distribution lines, and service to approximately 140,000 Washington customers. Expected to close following regulatory approvals, the acquisition expands PGE’s footprint into Washington and is anticipated to be accretive in the first full year while supporting long-term EPS and dividend growth.
- Transaction Date: 2/18/2026
- Type: Acquisition/Merger
- Sector: Communication Services
- Transaction Value: $1.2B
- Participants: eBay
eBay has entered into a definitive agreement to acquire Depop from Etsy for approximately $1.2 billion in cash, strengthening its position in the fast-growing ecommerce and C2C fashion market. Depop, which generated roughly $1 billion in gross merchandise sales in 2025 and serves a predominantly under-34 customer base, will retain its brand and platform while benefiting from eBay’s global scale and operational capabilities. The transaction, unanimously approved by both boards, is expected to close in the second quarter of 2026, subject to regulatory approvals and customary conditions.
- Transaction Date: 2/18/2026
- Type: Acqusition/Merger
- Sector: Communication Services
- Transaction Value: $1.18M
- Participants: Liberty Global
Liberty Global has agreed to acquire Vodafone’s 50% stake in VodafoneZiggo for €1.0 billion in cash and a 10% equity interest in a newly formed entity, Ziggo Group, which will hold Liberty Global’s interests in VodafoneZiggo and Telenet. The transaction creates a scaled Benelux telecommunications platform with targeted synergies of €1 billion in NPV and plans to generate approximately €500 million in combined adjusted free cash flow by 2028. Expected to close in the second half of 2026, subject to regulatory approvals, Liberty Global intends to list Ziggo Group in Amsterdam in 2027 and spin off 90% of its shares to shareholders, further unlocking long-term value.
At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team is constantly monitoring the news for real-time updates on platform investments, add-ons, divestitures, and more. Each day, we deliver these highlights directly to your inbox through our transactions newsletter.
Inside Dakota Marketplace, the transactions tab gives you access to structured, filterable data complete with dates, deal structure, sectors, and financials, so you can build a feed tailored to your specific interests.
Whether you're evaluating a new investment opportunity or tracking trends in a target sector or segment, Dakota Marketplace helps you cut through the noise and focus on what matters most.
For more information on these transactions and a deeper dive into their industries and sub-industries, book a demo of Dakota Marketplace.
